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Sold on 08/01/2022

298 Arapahoe Ave, Boulder, CO 80302

$3,215,000

Last sold 08/01/2022 for $3.2M

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    bed

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    bath

Multi-family not for sale
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About 298 Arapahoe Ave

Property type Multi-family
Neighborhood
Year built 1930
HOA fee $0/month
Lot size 0.49 Acre
Movoto estimate
Rental estimate
Property description
The Crabtree Team with The Colorado Group, Inc. is pleased to present 298 Arapahoe, a mulitfamily cash-flowing asset with development potential in the heart of Boulder, Colorado.The City of Boulder has achieved some of the nation's top rankings. In 2017, National Geographic named Boulder the 'Happiest City in America' while Niche named it the '#1 Healthiest County in America' in 2018. Home to a thriving tech scene, top ranking university, and world class recreation, Boulder is one of the most desirable places to live in the country and thus has some of the highest barriers to entry of any community in the region, which has helped keep its multifamily market so strong.Perfectly located, 298 Arapahoe is at the intersection of both Flagstaff and Canyon paths - and across the street from Ebin G. Fine Park - just steps away from fishing, biking, hiking, and tubing. It is in unincorporated Boulder County.
Listed by
Listing Agent - Scott Crabtree
Listing Agent Contact: 3034492131
Listing Office - The Colorado Group
Source: IRESMLS mls logo
MLS#960319 • last updated 1 year ago
Movoto checked IRESMLS for data Just now
Overview
Heating Baseboard
Levels/Style One
MLS # 960319
Type Residential Income
Status Sold
SubType Multi Family
Lot Size (Acres) 0.49
Interior
Basement None
Exterior
Roof Composition
Construction Frame
Lot Features Cul-De-Sac, Wooded, Unincorporated
Amenities / Utilities
Utilities Electricity Available
Sewer/ Septic Public Sewer
Electricity Xcel
Water Source City
Appliances No Units Furnished
Location
View Hills
County Boulder
Subdivision TR, NBR 158, 160, 162
Middle School Manhattan
High School District Boulder Valley Dist RE2
APN R0033158
Multifamily Details
Tenant Pays Deposit, Gas, Electricity, Water, Sewer
Total # of Units 12
Cap Rate 4.52
Operating Expense 51556
Income Includes Lease/Rents
Gross Income 206227
Lot/ Land Details
Possible Use Multi-Family
Road Frontage City Street
Road Surface Asphalt
$3.21M
Range: $2.66M-$3.76M
Last 30 days 
Rental est.: $1,503/month
Gross rent multiplier: 177.4
  • Aug 2022
    Public Records
  • Aug 8, 2022 Sold
    $3,200,000
  • Aug 2022
    mls logo MLS # 960319
  • Aug 1, 2022 Sold
    $3,200,000 (-6.6%)
  • Apr 28, 2022 Pending
    —
  • Mar 8, 2022 Listed
    $3,425,000 (+85.1%)
  • Aug 2014
    Public Records
  • Aug 21, 2014 Sold
    $1,850,000
  • Aug 2014
    mls logo MLS # 740509
  • Aug 20, 2014 Sold
    $1,850,000 (+2.8%)
  • Jun 30, 2014 Listed
    $1,800,000
  • Year Property taxes Tax assessment
  • 2025
    $21,300 +2.1%
    $200,001 -5.08%
  • 2024
    $20,868 +1.6%
    $210,715 -2.56%
  • 2023
    $20,547 -8.6%
    $216,240
  • 2022
    $22,492 +2.1%
    $216,240 +21.03%
  • 2021
    $22,031 +26.0%
    $178,672
  • 2020
    $17,486 +88.3%
    $178,672
  • 2015
    $9,285
    —
  • 298 Arapahoe Ave
    $3.2M
  • Flatirons
    $2.5M -37% y/y
  • 80302
    $1.35M -15% y/y
  • Boulder
    $998K -33% y/y
No chart available
Statistics calculated by Movoto

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8/10
Boulder High School
public Grades 9-12
Boulder Valley Re 2 School District
Source: GreatSchools.org © 2026. All rights reserved.

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